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- Preferred Stock
- stock that entitles the owner to preference in the distribution of dividends and the proceeds of liquidation in the event of bankruptcy.
- Preferred Stock definition on BNET »
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- Hecla Announces Pricing of Mandatory Preferred Convertible Stock Offering
- COEUR D'ALENE, Idaho -- Hecla Mining Company (NYSE:HL) today announced that it has set the price for the public offering of 1.75 million shares of 6.5% mandatory convertible preferred stock ("Preferred Stock") at $100.00 per share. The Preferred Stock will pay, when declared by the Board of Directors, dividends at...
- Research articles 2007-12-13
- Andrew Corporation Intends to Convert Outstanding Series 7.75% Convertible Preferred Stock
- ORLAND PARK, Ill. -- Andrew Corporation has announced its intention to exercise its right to cause the conversion of all the outstanding Series 7.75% Convertible Preferred Stock ("Preferred Stock") into shares of Andrew Common Stock ("Common Stock"). The company has 119,114 shares of Preferred Stock outstanding. The current conversion ratio...
- Research articles 2005-02-22
- Fitch Lowers Fannie Mae Pfd Stock to 'A+'; Places Sub & Pfd Ratings on Watch Negative
- NEW YORK -- Fitch Ratings has downgraded the preferred stock rating for Fannie Mae to 'A+' from 'AA-'. Additionally, Fitch places the 'AA-' subordinated debt and preferred stock ratings on Rating Watch Negative. Fitch also has affirmed the 'AAA' long-term senior debt rating and 'F1+' short-term rating. The Rating Outlook...
- Research articles 2004-12-23
- South Street Financial Corp. Announces Creation of Series A Preferred Stock and Share Conversion; Deregistration under the Securities and Exchange Act; Dividend
- ALBEMARLE, N.C. -- The Board of Directors of South Street Financial Corp. (the "Company") (NASDAQ: SSFC) has announced that the amendments to the Company's Articles of Incorporation approved by its shareholders at the March 20, 2007 special meeting have become effective. The first amendment authorized the creation of 500,000 shares...
- Research articles 2007-03-23
- Allied raises stock sale plan by $100M; Firm now to sell $600M in preferred stock.(News)(Brief Article)
- Byline: Jim Johnson Allied Waste Industries Inc. is increasing by $100 million the amount of new stock it intends to sell as part of larger refinancing plan. The Scottsdale, Ariz.-based company now plans to sell $600...
- Research articles 2005-03-14
- Buffett purchases $320M of Nextel bonds, stock.(News)
- Stock market guru Warren Buffett has purchased approximately $320 million of Nextel Communications Inc.'s bonds and preferred stock since last year through his Berkshire Hathaway Inc. holding company, according to an insurance filing. The acq Stock market guru...
- Research articles 2003-09-08
- Time Warner eyes U S West with stock deal.
- Time Warner Inc. filed an unusual $1 billion stock deal that analysts see as partly intended to improve its negotiating position with U S West Inc. over the restructuring of their Time Warner Entertainment venture. Adding yet another layer to the Time...
- Research articles 1996-04-01
Additional Resources
- Chase Redeems 7-1/2% Cumulative Preferred Stock and Depositary Shares
- NEW YORK--BUSINESS WIRE--May 27, 1998--The Chase Manhattan Corp. announced today that it will redeem its 7-1/2% Cumulative Preferred Stock New York Stock Exchange Series K, and all outstanding Depositary Shares, each representing one-quarter of one share of the 7-1/2% Preferred Stock, on June 30, 1998. The redemption...
- Research articles 1998-05-27
- Venture Capitalists Reputation and the Decision to Invest in Different Types of Equity Securities
- This paper explains the empirical observation that venture capitalists invest in different types of equity securities such as convertible preferred stock or combinations of common stock and stock options. As the effort problem of the entrepreneur is likely to be distorted by reputation effects of the venture capitalist, we show...
- White papers 2003-01-01
- McMoRan Exploration Co. Announces Commencement of Public Offerings of Common Stock and Mandatory Convertible Preferred Stock
- NEW ORLEANS -- McMoRan Exploration Co. (NYSE: MMR) announced today that it has commenced public offerings of approximately 11 million shares of common stock and 1.5 million shares of mandatory convertible preferred stock. The mandatory convertible preferred stock has an offering price of $100 per share and will be mandatorily...
- Research articles 2007-10-25
- American Home Mortgage Investment Corp. Delays Payment of Quarterly Common Stock and Series A and Series B Preferred Stock Dividends
- MELVILLE, N.Y. -- American Home Mortgage Investment Corp. (NYSE: AHM) announced today that its Board of Directors has decided to delay payment of its quarterly cash dividend on the Company's common stock and anticipates delaying payment of its quarterly cash dividends on its Series A Cumulative Redeemable Preferred Stock and...
- Research articles 2007-07-28
- Lca-Vision Completes Exchange of Series B-1 Convertible Preferred for Common Stock, Pays Down Debt
- CINCINNATI--BW HealthWire--March 26, 1999--LCA-Vision Inc. (NASDAQ: LCAV), a leading U.S. provider of laser vision correction services, today announced that the holders of the remaining $2,025,000 of the Company's 6% Series B-1 convertible preferred stock have converted their shares to 1,225,492 shares of LCA-Vision common stock. With today's announcement, all Series...
- Research articles 1999-03-26
- The P&G Board of directors has announced an increase in the annual rate of the company's common stock and Series A ESOP Convertible Class A Preferred Stock to $1.52 per share.(Brief Article)
- * The P&G Board of directors has announced an increase in the annual rate of the company's common stock and Series A ESOP Convertible Class A Preferred ... * The P&G Board of directors has announced an increase in the annual rate of the company's common...
- Research articles 2001-08-15
- American Home Mortgage Investment Corp. Board Declares Quarterly Common Stock and Series A and Series B Preferred Stock Dividends
- MELVILLE, N.Y. -- American Home Mortgage Investment Corp. (NYSE: AHM) announced today that its Board of Directors has declared a quarterly cash dividend of $0.70 per share on the Company's common stock, a quarterly cash dividend of $0.609375 per share on the Company's 9.75% Series A Cumulative Redeemable Preferred Stock...
- Research articles 2007-06-15
- American Home Mortgage Investment Corp. Board Declares Quarterly Common Stock and Series A and Series B Preferred Stock Dividends
- MELVILLE, N.Y. -- American Home Mortgage Investment Corp. (NYSE: AHM) announced today that its Board of Directors has declared a quarterly cash dividend of $1.12 per share on the Company's common stock, a quarterly cash dividend of $0.609375 per share on the Company's 9.75% Series A Cumulative Redeemable Preferred Stock...
- Research articles 2007-03-05
- The Empire District Electric Co. $80 Million Common Stock, Cumulative Preferred Stock and First Mortgage Bond Shelf Registration Statement Filed with the SEC
- JOPLIN, Mo.--BUSINESS WIRE--Sept. 8, 1997--The Empire District Electric Co. (NYSE:EDE) announced today that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission pursuant to Rule 415 registering $80 million aggregate value of securities which may include the company's common stock, $1 par value,...
- Research articles 1997-09-08
- YES! Entertainment Announces Market Stand-Off Pending Restructuring of Terms of Preferred Stock and Convertible Debentures
- PLEASANTON, CALIFORNIA--BUSINESS WIRE--APRIL 22, 1997-- - Company Appoints Gary Nemetz Vice Chairman - YES! ENTERTAINMENT CORPORATION (Nasdaq NM Symbol: YESS) today announced that it had reached an understanding with the investors who purchased preferred stock and convertible debentures...
- Research articles 1997-04-22
- First Coastal Bancshares Announces Proposed $9.2 Million Unit Offering of Common Stock and Trust Preferred Securities in Connection With the Proposed Acquisition of American Independent Bank, N.A. and Reverse Stock Split
- EL SEGUNDO, Calif.--BUSINESS WIRE--Dec. 1, 1998--First Coastal Bancshares (the "Company") Tuesday announced that it has filed with the Securities and Exchange Commission SEC to offer 300,000 Units of Common Stock and Trust Preferred Securities. Each of the Units consists of one share of Common Stock of First Coastal Bancshares and...
- Research articles 1998-12-02
- LTC Declares First Quarter Cash Dividend On Its Common Stock and Its Series A and Series B Preferred Stock
- OXNARD, Calif.--BUSINESS WIRE--Jan. 18, 2000 LTC Properties, Inc. (NYSE:LTC) announced today that it has declared monthly cash dividends of $0.1979 per share on the 9.5% Series A Cumulative Preferred Stock and $0.1875 per share on the 9.0% Series B Cumulative Preferred Stock for January, February and March 2000. The...
- Research articles 2000-01-18
- Aurora Imaging Technology closes Equity round of Series B Preferred Stock and Debt Conversion
- NORTH ANDOVER, Mass. -- Aurora Imaging Technology, Inc. (www.auroramri.com) completed $3.0 million of its Series B Preferred Stock Offering and concurrently converted approximately $7.7 million of existing debt into Series A Preferred Stock and Common Stock resulting in an increase in equity of approximately $10.7 million. The Equity Funding and...
- Research articles 2005-01-06
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